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Concession Is Made by U.S.
In Global-Warming Talks

By

John J. Fialka Staff Reporter of The Wall Street Journal

Updated Nov. 21, 2000 11:59 p.m. ET

(See Corrections and Amplifications item below .) THE HAGUE -- In an effort to bridge a major dispute blocking completion of an international treaty to curb climate change, the U.S. has agreed to cut sharply the amount of credit it might get for forest practices and farmland management that tend to absorb carbon dioxide.

The European Union had objected to the level of credit sought by the U.S. for carbon dioxide "sinks," or ways to keep more man-made emissions from reaching the atmosphere. As the United...